Supermajority of Americans Want Congress to Pass Buffett Rule

According to a new Gallup poll, 74% of Democrats, 63% of independents & even 43% of Republicans want the wealthy to pay their fair share. And even high income Americans themselves don’t seem to mind:

Americans in general say that the distribution of money and wealth in this country is not fair, and that money and wealth should be more evenly distributed. Plus, 59% of Americans last year agreed that households making $250,000 or more per year should pay higher taxes. The current results reinforce these findings and underscore the now well-documented conclusion that Americans in general support various proposals for increasing taxes on higher-income Americans.

Gallup’s surveys do not allow the isolation of the very few respondents who might actually themselves make $1 million per year or more, but the more limited income categories that are defined show little variation in response to the Buffett Rule by income. A majority (55%) of those making $100,000 or more in annual household income favor the Buffett Rule, similar to the level of support from lower-income Americans.

You sometimes hear people say that Virginia Democrats may be reluctant to support the Buffett Rule because of all of the high-income people in the DC suburbs … but that last line blows that argument out of the water, doesn’t it?

as maintained by the Ron Paulistas, Austrian economists, and every rag-tag economics expert in the Tea Party, then treat taxation just as we did for World War II. Let’s raise the top tax bracket to 90 percent and be done with it. It’s the only patriotic thing to do. Note to GOPers and Wall Street: put up or shut up.